Mar. 12 at 10:08 PM
$OXLC Finally figured out that buying more on the way down can be very depressing, so I stopped doing it.
So far underwater on this,
$CCIF ,
$ECC and
$OCCI that I’m gonna stop trading, maybe till the third or fourth quarter.
Till then, I’ll still get the divvies, which are becoming increasingly smaller all the time. These CEFs are like investing in your friend’s restaurant. He’s got a great building, an impressive chef, and then, after a month or so, no one wants to go there. But, who knows, maybe people will come back?